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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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HP buys Stackato to beef up cloud development

Barb Darrow
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Barb Darrow
Barb Darrow
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Barb Darrow
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Barb Darrow
Barb Darrow
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July 28, 2015, 4:05 PM ET
HP Third-Quarter Forecast Misses Estimate; 27,000 Jobs to Be Cut
The Hewlett-Packard Co. logo is displayed outside the company's HP Enterprise Services unit in Plano, Texas, U.S., on Wednesday, May 23, 2012. Hewlett-Packard, the world's largest PC maker, will cut 27,000 jobs, or about 8 percent of its staff. Many of the cuts will come from the ailing enterprise services group, which manages data centers and provides technology consulting. Photographer: Mike Fuentes/Bloomberg via Getty ImagesPhotograph by Mike Fuentes — Bloomberg/Getty Images
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Hewlett-Packard (HPQ) is buying Stackato, the platform-as-a-service product from partner ActiveState.

The news is not surprising in that HP and ActiveState have been partners for three years, with HP designating Stackato as its development platform of choice for the HP Helion cloud. Stackato itself is based on open-source Cloud Foundry code. ActiveState itself will still field development tools like ActivePerl, ActivePython, ActiveTcl, and Komodo IDE.

HP, which is the midst of a massive corporate overhaul that will divide the company into two publicly traded companies, has been struggling in the cloud arena. It announced then pulled back on grand plans to offer a public cloud to compete with Amazon(AMZN) Web Services, Microsoft(MSFT) Azure etc.

It fell completely out of Gartner said HP fell out of its closely watched cloud infrastructure provider rankings earlier this year, because it “no longer had sufficient market share.”

HP is now focused on hybrid cloud—the model in which companies with legacy systems keep running some data and applications in house but use outside cloud for other workloads. It’s positioning Stackato as a way boost that hybrid worldview.

Stackato has long run on HP Helion, aka HP’s OpenStack-based cloud, and obviously will continue to do so.

In a statement, Bill Hilf, senior vice president of product and service management for HP Cloud said:

“The Stackato PaaS solution strengthens the HP Helion portfolio and reinforces HP’s commitment to delivering customers open source solutions that help accelerate their transition to hybrid clouds. The acquisition reinforces HP’s focus on driving Cloud Foundry as the open standard cloud native application platform.”

This story was updated to reflect that HP is buying Stackato from ActiveState, not ActiveState itself.

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